Close Menu
    Facebook X (Twitter) Instagram
    Facebook Instagram YouTube
    Crypto Go Lore News
    Subscribe
    Sunday, October 11
    • Home
    • Market Analysis
    • Latest
      • Bitcoin News
      • Ethereum News
      • Altcoin News
      • Blockchain News
      • NFT News
      • Market Analysis
      • Mining News
      • Technology
      • Videos
    • Trending Cryptos
    • AI News
    • Market Cap List
    • Mining
    • Trading
    • Contact
    Crypto Go Lore News
    Home»Market Analysis»XRP rebounds to $1.03 but bearish momentum keeps $1 support at risk
    Market Analysis

    XRP rebounds to $1.03 but bearish momentum keeps $1 support at risk

    CryptoExpertBy CryptoExpertAugust 11, 2026No Comments4 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    XRP rebounds to .03 but bearish momentum keeps  support at risk
    Share
    Facebook Twitter Pinterest Email Copy Link
    Blockonomics


    Key takeaways

    XRP trades around $1.03 after falling more than 5% during the previous week.
    The token remains below its 50-day, 100-day, and 200-day EMAs, maintaining a bearish technical structure.
    An RSI reading near 39 and a negative MACD signal indicate persistent selling pressure.

    XRP trades near $1.03 on Monday, recording a modest rebound after declining more than 5% during the previous week.

    okex

    Despite the intraday recovery, XRP retains a bearish near-term outlook because it remains below all three major Exponential Moving Averages. Weak momentum indicators also suggest that sellers continue to control the broader price trend.

    The $1.00 psychological level is now crucial. Buyers must defend this support to prevent another leg lower, while XRP needs to reclaim the 50-day EMA at $1.10 to improve its short-term outlook.

    XRP remains below all major moving averages

    XRP currently trades below the 50-day EMA at $1.10, the 100-day EMA at $1.18, and the 200-day EMA at $1.37

    Trading below all three moving averages reflects weakness across short-, medium-, and long-term time frames.

    The positioning also creates a wide zone of overhead resistance. Any XRP recovery is likely to face renewed selling as the price approaches these moving averages.

    The 50-day EMA at $1.10 represents the first major test. A sustained daily close above this level would suggest that short-term momentum is beginning to improve.

    XRP’s momentum indicators remain bearish despite Monday’s slight recovery. The Relative Strength Index stands near 39, below its neutral midpoint of 50. 

    This reading shows that selling pressure remains dominant, although XRP has not yet entered the conventional oversold zone below 30.

    The Moving Average Convergence Divergence indicator is also negative, reinforcing the bearish outlook.

    Together, the RSI and MACD suggest that XRP’s rebound may remain limited unless buyers return with stronger trading volume. Any short-term rallies could attract selling while the token remains beneath its major moving averages.

    XRP approaches critical $1 support

    The psychological and horizontal level at $1.00 provides XRP’s most important immediate support.

    Buyers may attempt to defend this area because round-number levels often attract increased demand. Holding above $1 could allow XRP to consolidate and make another attempt to reclaim its 50-day EMA.

    However, a decisive daily close below $1.00 would weaken the technical structure and could accelerate selling pressure.

    The absence of another specified nearby support means that a breakdown could expose XRP to a deeper correction as traders search for the next demand zone.

    XRP must break above the 50-day EMA at $1.10 to begin reversing its bearish short-term trend.

    The move from $1.03 to $1.10 would require a gain of nearly 7%. Clearing this moving average could encourage buyers to target the 100-day EMA at $1.18.

    If XRP breaks above $1.18, the horizontal resistance at $1.30 would become the next upside target.

    However, each of these levels could attract profit-taking and renewed selling, making a sustained recovery dependent on strong demand and improving momentum.

    The 200-day EMA at $1.37 represents XRP’s most substantial technical barrier. This moving average serves as an important gauge of the broader trend. XRP would need to reclaim it to signal a meaningful shift away from its long-term bearish structure.

    Beyond $1.37, the next major resistance is located around $1.90. However, this target remains distant while XRP trades below its nearer moving-average barriers.

    For now, the more immediate recovery path runs through $1.10, $1.18, and $1.30.

    XRP/USD 4H Chart

    XRP’s technical outlook remains bearish despite its modest recovery to $1.03. The token’s position below all major moving averages and its weak momentum indicators suggest that sellers retain control. The $1.00 support level will determine whether XRP can stabilize or faces another wave of losses.

    Holding above $1 could support consolidation and a recovery toward the 50-day EMA at $1.10. Conversely, a decisive breakdown would confirm renewed bearish momentum and increase the risk of a deeper correction.

    Share this articleCategoriesTags



    Source link

    okex
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    CryptoExpert
    • Website

    Related Posts

    Market Analysis

    Dogecoin dips by 11% this week as whale balances shrink

    October 10, 2026
    Market Analysis

    NextBlock invests $3M in Soda Labs to expand blockchain privacy

    October 9, 2026
    Market Analysis

    Dogecoin dips 5% this week as bearish positioning puts $0.088 support in focus

    October 8, 2026
    Market Analysis

    Bitcoin slips below $84,000 ahead of FOMC minutes

    October 8, 2026
    Market Analysis

    Bitcoin slips below $86k as ETF outflows cap recovery efforts

    October 7, 2026
    Market Analysis

    PI dips below $0.090 as bearish momentum builds despite rising OI

    October 6, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Recommended
    Editors Picks

    How to move crypto to a new wallet

    October 10, 2026

    Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract

    October 10, 2026

    Celsius founder faces lifetime ban, but can trade his own crypto

    October 10, 2026

    Blockchain.com Applied for CFTC Licenses for Prediction Markets, Derivatives: Report

    October 10, 2026
    Latest Posts

    We are a leading platform dedicated to delivering authoritative insights, news, and resources on cryptocurrencies and blockchain technology. At Crypto Go Lore News, our mission is to empower individuals and businesses with reliable, actionable, and up-to-date information about the cryptocurrency ecosystem. We aim to bridge the gap between complex blockchain technology and practical understanding, fostering a more informed global community.

    Latest Posts

    How to move crypto to a new wallet

    October 10, 2026

    Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract

    October 10, 2026

    Celsius founder faces lifetime ban, but can trade his own crypto

    October 10, 2026
    Newsletter

    Subscribe to Updates

    Get the latest Crypto news from Crypto Golore News about crypto around the world.

    Facebook Instagram YouTube
    • Contact
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    © 2026 CryptoGoLoreNews. All rights reserved by CryptoGoLoreNews.

    Type above and press Enter to search. Press Esc to cancel.

    bitcoin
    Bitcoin (BTC) $ 83,009.00
    ethereum
    Ethereum (ETH) $ 2,510.19
    tether
    Tether (USDT) $ 0.999153
    bnb
    BNB (BNB) $ 748.29
    xrp
    XRP (XRP) $ 1.40
    usd-coin
    USDC (USDC) $ 0.999692
    solana
    Solana (SOL) $ 110.06
    tron
    TRON (TRX) $ 0.330381
    figure-heloc
    Figure Heloc (FIGR_HELOC) $ 1.07
    staked-ether
    Lido Staked Ether (STETH) $ 2,265.05